Universal Basic Income – what are the pros and cons and how does it work?


The concept of a Universal Basic Income (UBI) is back on the agenda in Wales.

Earlier this week it was announced that around 500 care leavers are to get a fixed sum of money – £1,600 – every month for two years, in what the Welsh Government claims is a “radical experiment”. Something, they say, will help a particular cohort of society that may need a helping hand in life.

That move has helped reignite the debate around Universal Basic Income: the idea of giving everyone in society – regardless of income or circumstance – a fixed sum of money with no need to pay it back or any strings attached.

The passionate arguments that follow the subject – wherever in the world the idea has been discussed – have not gone away.

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